LBI Buys KVIB
September 26, 2008 at 5:26 AM (PT)
SUN CITY LICENSES, LLC is selling Hurban KVIB (95.1 LATINO VIBE)/SUN CITY WEST-PHOENIX to LIBERMAN BROADCASTING's LBI RADIO LICENSE LLC for $15 million. The deal is LIBERMAN's entry into the PHOENIX radio market.
In other deals filed with the FCC, the price for the previously-announced sale of Rock WBUK (106.5 THE FOX)/OTTAWA-LIMA, OH by CLEAR CHANNEL's ALOHA STATION TRUST to FINDLAY PUBLISHING CO.'s THE BLANCHARD RIVER BROADCASTING CO. has been disclosed as $500,000. The initial announcement did not specify the price for the station.
HORIZON CHRISTIAN FELLOWSHIP is selling noncommercial Religion KWDH/HEREFORD-AMARILLO, TX and three FM translators -- K234BP/CANYON, TX, K201IA/DUMAS, TX, and K280EU/AMARILLO -- to GRACE CHRISTIAN CHURCH OF AMARILLO, INC. for $210,000 ($180,000 in a promissory note).
CONCORD BIBLE FELLOWSHIP is selling FM translator W282AF/CONCORD, NH to NEW HAMPSHIRE FAMILY RADIO LLC for $5,000.
And MAX T. NICHOLS is selling FM translator K269FQ/MONTPELIER, ID to TRI-STATE BROADCASTING, LLC for $5,000.